3min chapter

Fareed Zakaria GPS cover image

Janet Yellen on inflation and a possible "soft landing;" the Pentagon document leak; crossing the Darién Gap

Fareed Zakaria GPS

CHAPTER

The Effect of the SVB Bank and the Banking Crisis on the Economy

Banks are likely to become somewhat more cautious in this environment. We already saw some tightening of lending standards in the banking system prior to that episode, and there may be some more to come. But I'm not seeing anything at this time that is dramatic enough or significant enough in my view to significantly change the outlook.

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